NFI Group Inc. (TSE:NFI) Director Sells C$126,000.00 in Stock

NFI Group Inc. (TSE:NFI) Director Paulo Cezar Nunes sold 7,000 shares of the stock in a transaction that occurred on Tuesday, September 10th. The stock was sold at an average price of C$18.00, for a total value of C$126,000.00.

NFI Group Stock Down 2.2 %

Shares of NFI stock traded down C$0.26 during trading hours on Tuesday, reaching C$11.38. The company’s stock had a trading volume of 692,742 shares, compared to its average volume of 354,745. The company’s 50 day moving average is C$13.03. The firm has a market capitalization of C$943.19 million, a P/E ratio of -38.99, a price-to-earnings-growth ratio of -0.07 and a beta of 1.41. NFI Group Inc. has a fifty-two week low of C$9.91 and a fifty-two week high of C$19.55. The company has a quick ratio of 0.55, a current ratio of 1.71 and a debt-to-equity ratio of 171.59.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on NFI. Cibc World Mkts raised NFI Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, December 4th. CIBC increased their price target on NFI Group from C$18.50 to C$21.00 in a research report on Wednesday, December 4th. Finally, BMO Capital Markets downgraded NFI Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 31st. Two research analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, NFI Group has an average rating of “Moderate Buy” and a consensus price target of C$22.20.

About NFI Group

NFI Group Inc, together with its subsidiaries, manufactures and sells buses in North America, the United Kingdom, rest of Europe, and the Asia Pacific. It operates through Manufacturing Operations and Aftermarket Operations segments. The Manufacturing Operations segment design, manufacture, service, and support transit buses, coaches, medium-duty shuttles, and low floor cutaway buses.